Micro Market Report Los Angeles & Miami Issue #19 10/15/16 for 09/15/16 statistics
1
Table of Contents WEA Message
3
zip Code 90210 - Beverly Hills
4
zip Code 90211 - beverly hills
5
zip Code 90069 - Sunset strip
6
zip Code 90077 - Bel Air
7
zip Code 90046 - West Hollywood
8
zip Code 90265 - malibu
9
zip Code 90272 - Pacific palisades
10
zip Code 90024 - westwood
11
zip Code 90049 - brentwood
12
zip Code 90025 - west LA
13
zip Code 90402 - santa monica
14
Zip COde 90005 - Hancock Park
15
Zip Code 90027 - Los Feliz
16
Zip Code 90064 - Cheviot Hills
17
zip Code 90291 - Venice
18
Zip Code 90292 - Marina del Rey
19
Zip code 90293 - Playa Del Rey
20
Miami Market Overview
21
ALL ZIP CODES YEAR TO DATE SALES
22
About WEA
24
Data provided by First American Title Co. of Los Angeles County records and by SEF MLS of Miami-Dade County records for sales exceeding $1 million.
2
Compare Los Angeles Real Estate Brokerages
A Message From WEA DO YOU WANT A TEAM OF BROKERS OR ONE RESPONSIBLE BROKER? There seems to be a growing trend for brokerages to have “teams” representing sellers on the listing of their homes. It begs the question of what is best for YOU? A team or an individual? At WEA, we firmly believe that one responsible agent is best. When we’ve interacted with teams of more than 2 agents, it seems that no one wants to manage the listing. They all hope that one of the other agents in their team will do the job. When we’ve called teams to organize showings, we’ve frequently had to make multiple calls to multiple people in the team to get an answer. It becomes confusing and problematic. We recently did a deal where there were NINE team members, and responses to simple questions took days. I’m confident that the client they represented had no idea of the inefficiencies that were going on behind the scenes. Isn’t it better to have ONE individual that you interact with? At WEA, that agent is not only the point of contact for showing inquiries but also the one who is immediately available (via phone, email, and text) to answer any questions and update the client on progress. Please, tell me the value of the team because I don’t see it. Stephen Shapiro Co-Founder, Westside Estate Agency
3
90210 Avg. Price Per Transaction
SEPTEMBER 2016
8
Number of Sales
Price in millions
7
HHHHHHHHHHHH HHHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
SEP
2007
2010
2014
2015
2016
6,156,563
SEPTEMBER 2007 Number of Sales
number of sales
HHHHHHHH Avg. Price per transaction $
3,591,875
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+100% Sales
+71% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
16
-27%
$6,156,563
1%
SEP 2015
22
57%
$6,096,816
8%
SEP 2014
14
75%
$5,670,714
-11%
SEP 2010
8
0%
$6,343,875
77%
SEP 2007
8
baseline
$3,591,875
baseline
YTD 2016
208
8%
$5,813,219
-12%
Date
© Westside Estate Agency
4
90211 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.5
Number of Sales
H
2.0
Avg. Price per transaction
1.5
$
1.0
2,045,500
0.5 0.0
SEP
SEPTEMBER 2007 2007
2010
2014
2015
2016
Number of sales
number of sales
Avg. Price per transaction
Not Avail. SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
1
-67%
$2,045,500
-13%
SEP 2015
3
200%
$2,346,000
88%
SEP 2014
1
-50%
$1,250,000
-19%
SEP 2010
2
N/A
$1,535,000
N/A
SEP 2007
0
baseline
N/A
baseline
YTD 2016
21
-22%
$2,049,190
0%
Date
© Westside Estate Agency
5
90069 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
6
Number of Sales
HHH
5 4
Avg. Price per transaction
3
$
2 1 0
SEP
2007
2010
2014
2015
2016
2,717,900
SEPTEMBER 2007 Number of Sales
number of sales
HHH Avg. Price per transaction $
2,780,500
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+233% Sales
-2% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
10
-9%
$2,717,900
-9%
SEP 2015
11
57%
$2,970,818
-50%
SEP 2014
7
-13%
$5,944,071
147%
SEP 2010
8
167%
$2,410,375
-13%
SEP 2007
3
baseline
$2,780,500
baseline
YTD 2016
115
12%
$3,864,784
5%
Date
© Westside Estate Agency
6
90077 Avg. Price Per Transaction
SEPTEMBER 2016
8
Number of Sales
Price in millions
7
HHHHHHHHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
SEP
2007
2010
2014
2015
2016
3,453,389
SEPTEMBER 2007 Number of Sales
number of sales
HHHHHHHH Avg. Price per transaction $
2,610,875
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+13% Sales
+32% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
9
50%
$3,453,389
-13%
SEP 2015
6
50%
$3,985,167
-48%
SEP 2014
4
-33%
$7,688,750
386%
SEP 2010
6
-25%
$1,581,167
-39%
SEP 2007
8
baseline
$2,610,875
baseline
YTD 2016
88
6%
$4,901,607
-22%
Date
© Westside Estate Agency
7
90046 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHH
1.5
1.0
Avg. Price per transaction $
0.5
0.0
SEP
2007
2010
2014
2015
2016
1,855,500
SEPTEMBER 2007 Number of Sales
number of sales
HHHH Avg. Price per transaction $
1,195,750
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+350% Sales
+55% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
18
0%
$1,855,500
30%
SEP 2015
18
6%
$1,429,111
-12%
SEP 2014
17
240%
$1,622,529
38%
SEP 2010
5
25%
$1,175,800
-2%
SEP 2007
4
baseline
$1,195,750
baseline
YTD 2016
226
9%
$1,825,461
6%
Date
© Westside Estate Agency
8
90265 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
8
Number of Sales
7
HHHHHHHHHHHH HHHHHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
SEP
2007
2010
2014
2015
2016
6,167,694
SEPTEMBER 2007 Number of Sales
number of sales
HHHH Avg. Price per transaction $
5,865,000
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+350% Sales
+5% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
18
38%
$6,167,694
149%
SEP 2015
13
0%
$2,479,423
-34%
SEP 2014
13
225%
$3,754,000
-37%
SEP 2010
4
0%
$5,955,000
2%
SEP 2007
4
baseline
$5,865,000
baseline
YTD 2016
179
37%
$4,309,483
6%
Date
© Westside Estate Agency
9
90272 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
5
Number of Sales
HHHHHHHHHHHH HHHHHHHHHHHH
4 3
Avg. Price per transaction
2
$
1 0
SEP
2007
2010
2014
2015
2016
4,244,571
SEPTEMBER 2007 Number of Sales
number of sales
HHHHHHHH Avg. Price per transaction $
2,190,500
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+200% Sales
+94% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
24
50%
$4,244,571
7%
SEP 2015
16
-16%
$3,958,594
-4%
SEP 2014
19
73%
$4,144,050
10%
SEP 2010
11
38%
$3,757,273
72%
SEP 2007
8
baseline
$2,190,500
baseline
YTD 2016
225
19%
$3,486,980
2%
Date
© Westside Estate Agency
10
90024 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
20
Number of Sales
HHHHHHH
15
Avg. Price per transaction 10
$
5
*This zip code’s monthly average is skewed by a $90,000,000 sale.
0
SEP
15,805,714 *
2007
2010
2014
2015
2016
SEPTEMBER 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
7
-30%
$15,805,714
575%
SEP 2015
10
25%
$2,341,400
-4%
SEP 2014
8
60%
$2,438,625
19%
SEP 2010
5
N/A
$2,043,800
N/A
baseline
N/A
baseline
56%
$5,544,530
104%
Date
SEP 2007 YTD 2016
75
© Westside Estate Agency
11
90049 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
4.0
Number of Sales
3.5
HHHHHHHHHHHH HHHHHHHHHHHH H
3.0 2.5 2.0
Avg. Price per transaction
1.5
$
1.0 0.5 0.0
SEP 2007
2010
2014
2015
2016
3,272,449
SEPTEMBER 2007 Number of Sales
number of sales
HHHHHH Avg. Price per transaction $
2,136,917
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+317% Sales
+53% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
25
25%
$3,272,449
-9%
SEP 2015
20
5%
$3,608,075
36%
SEP 2014
19
73%
$2,650,801
-4%
SEP 2010
11
83%
$2,750,318
29%
SEP 2007
6
baseline
$2,136,917
baseline
YTD 2016
222
24%
$3,436,998
-5%
Date
© Westside Estate Agency
12
90025 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHH
1.5
Avg. Price per transaction $
1.0
1,602,500
0.5
0.0
SEP
2007
2010
2014
2015
2016
SEPTEMBER 2007 Number of Sales
number of sales
H Avg. Price per transaction $
818,000
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+500% Sales
+96% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
6
0%
$1,602,500
4%
SEP 2015
6
200%
$1,541,667
33%
SEP 2014
2
-33%
$1,155,000
35%
SEP 2010
3
200%
$854,667
4%
SEP 2007
1
baseline
$818,000
baseline
YTD 2016
59
18%
$1,432,415
2%
Date
© Westside Estate Agency
13
90402 Avg. Price Per Transaction
SEPTEMBER 2016
8
Number of Sales
Price in millions
7
HHH
6 5 4
Avg. Price per transaction
3
$
2 1 0
SEP
2007
2010
2014
2015
2016
6,233,333
SEPTEMBER 2007 Number of Sales
number of sales
HH Avg. Price per transaction $
4,875,000
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+50% Sales
+28% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
3
-25%
$6,233,333
42%
SEP 2015
4
-33%
$4,376,250
23%
SEP 2014
6
50%
$3,548,833
70%
SEP 2010
4
100%
$2,086,250
-57%
SEP 2007
2
baseline
$4,875,000
baseline
YTD 2016
76
27%
$4,530,217
9%
Date
© Westside Estate Agency
14
90005 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
1.5
Number of Sales
HHHH
1.2
Avg. Price per transaction
0.9
$ 0.6
1,276,875
0.3 0.0
SEP
2007
2010
2014
2015
2016
SEPTEMBER 2007 Number of sales
number of sales
Avg. Price per transaction
Not Avail. SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
4
33%
$1,276,875
11%
SEP 2015
3
N/A
$1,151,667
N/A
SEP 2014
0
N/A
N/A
N/A
SEP 2010
0
N/A
N/A
N/A
SEP 2007
0
baseline
N/A
baseline
YTD 2016
31
15%
$1,849,457
-14%
Date
© Westside Estate Agency
15
90027 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.5
Number of Sales
HHHHHHHHHHHH HHH
2.0 1.5
Avg. Price per transaction
1.0
$ 0.5 0.0
SEP
1,594,550
SEPTEMBER 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHH Avg. Price per transaction $
1,589,667
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+400% Sales
+0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
15
7%
$1,594,550
14%
SEP 2015
14
-13%
$1,396,329
-38%
SEP 2014
16
167%
$2,268,563
124%
SEP 2010
6
100%
$1,014,000
-36%
SEP 2007
3
baseline
$1,589,667
baseline
YTD 2016
141
23%
$1,585,069
9%
Date
© Westside Estate Agency
16
90064 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.0
Number of Sales
HHHHHHHHHHHH HHHHHHHHH
1.5
1.0
Avg. Price per transaction $
1,759,095
0.5
0.0
SEP
SEPTEMBER 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHHHH Avg. Price per transaction $
1,358,800
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+320% Sales
+29% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
21
50%
$1,759,095
0%
SEP 2015
14
-13%
$1,757,500
31%
SEP 2014
16
14%
$1,340,625
25%
SEP 2010
14
180%
$1,068,286
-21%
SEP 2007
5
baseline
$1,358,800
baseline
YTD 2016
176
40%
$1,769,600
20%
Date
© Westside Estate Agency
17
90291 Avg. Price Per Transaction
SEPTEMBER 2016 Number of Sales
Price in millions
2.5
HHHHHHHHHHHH H
2.0 1.5
Avg. Price per transaction
1.0
$
0.5 0.0
SEP
2,153,231
SEPTEMBER 2007 2007
2010
2014
2015
2016
Number of Sales
number of sales
HHHHH Avg. Price per transaction $
1,374,800
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+160% Sales
+57% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
13
-24%
$2,153,231
1%
SEP 2015
17
183%
$2,124,912
-12%
SEP 2014
6
-33%
$2,413,583
245%
SEP 2010
9
80%
$700,444
-49%
SEP 2007
5
baseline
$1,374,800
baseline
YTD 2016
143
10%
$1,971,976
1%
Date
© Westside Estate Agency
18
90292 Price in millions
Avg. Price Per Transaction
SEPTEMBER 2016
2.5
Number of Sales
2.0
HHH Avg. Price per transaction
1.5
$
1.0
1,811,667
0.5 0.0
SEP
2007
2010
2014
2015
2016
SEPTEMBER 2007 Number of Sales
number of sales
Avg. Price per transaction
Not Avail. SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+/-0% Sales
+/-0% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
3
0%
$1,811,667
-17%
SEP 2015
3
-40%
$2,178,333
-1%
SEP 2014
5
400%
$2,203,900
13%
SEP 2010
1
N/A
$1,950,000
N/A
SEP 2007
0
baseline
N/A
baseline
YTD 2016
28
17%
$2,120,768
-3%
Date
© Westside Estate Agency
19
90293 Avg. Price Per Transaction
SEPTEMBER 2016
Price in millions
2.0
Number of Sales
HH
1.5
Avg. Price per transaction $
1.0
1,677,250
0.5
0.0
SEP
2007
2010
2014
2015
2016
SEPTEMBER 2007 Number of Sales
number of sales
H Avg. Price per transaction $
1,525,000
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+100% Sales
+10% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
2
-50%
$1,677,250
-1%
SEP 2015
4
-20%
$1,691,500
24%
SEP 2014
5
0%
$1,359,600
5%
SEP 2010
5
400%
$1,295,000
-15%
SEP 2007
1
baseline
$1,525,000
baseline
YTD 2016
33
10%
$1,524,848
-20%
Date
© Westside Estate Agency
20
Miami market view
metro Miami overview avg. Price Per Transaction
SEPTEMBER 2016 Number of Sales
2.5
Price in millions
H = 20
HHHHHHH
2.0
AVg. Price per transaction 1.5
$
1.0 0.5
SEPTEMBER 2007
H = 20
Number of Sales
0.0
SEP
2,099,849
2007
2010
2014
2015
2016
HHHH
number of sales avg. Price per transaction $
2,038,460
SEPTEMBER 2016 vs 2007 SEP
2007
2010
2014
2015
2016
+111% Sales
+3% Price
Sales
Δ vs Previous Year
Avg. Price
Δ vs Previous Year
SEP 2016
133
-13%
$2,099,849
-14%
SEP 2015
153
-5%
$2,440,612
26%
SEP 2014
161
168%
$1,932,840
-8%
SEP 2010
60
-5%
$2,097,928
3%
SEP 2007
63
baseline
$2,038,460
baseline
YTD 2016
1367
-17%
$2,289,184
-1%
Date
© Westside Estate Agency
21
2007
2010
2014
Zip Code
Sales
Average Price
Sales
Δ vs ‘07
Average Price
Δ vs ‘07
Sales
Δ vs ‘10
Average Price
Δ vs ‘10
90210
64
$4,949,938
81
27%
$4,880,075
-1%
161
99%
$5,297,307
9%
90211
8
$1,595,752
15
88%
$1,513,933
-5%
23
53%
$1,755,674
16%
90069
40
$2,538,400
36
-10%
$2,119,944
-16%
79
119%
$3,767,943
78%
90077
34
$3,562,606
41
21%
$2,053,293
-42%
64
56%
$6,674,914
225%
90046
57
$1,786,683
70
23%
$1,000,021
-44%
164
134%
$1,695,210
70%
90265
55
$6,169,645
55
0%
$4,190,691
-32%
115
109%
$3,690,492
-12%
90272
75
$3,127,160
98
31%
$2,334,459
-25%
182
86%
$3,474,229
49%
90024
20
$2,041,550
25
25%
$1,950,260
-4%
58
132%
$5,891,563
202%
90049
62
$3,010,911
100
61%
$2,178,630
-28%
147
47%
$3,428,079
57%
90025
15
$1,024,400
23
53%
$983,022
-4%
29
26%
$1,344,345
37%
90402
20
$3,184,600
42
110%
$2,537,940
-20%
52
24%
$4,047,990
59%
90005
4
$1,547,500
9
125%
$874,889
-43%
14
56%
$1,649,500
89%
90027
35
$1,236,647
37
6%
$1,053,689
-15%
92
149%
$1,639,000
56%
90064
64
$1,259,648
71
11%
$1,096,923
-13%
124
75%
$1,409,865
29%
90291
46
$1,289,957
56
22%
$1,001,080
-22%
114
104%
$1,822,433
82%
90292
6
$1,710,833
13
117%
$1,663,538
-3%
24
85%
$1,994,171
20%
90293
4
$1,745,125
15
275%
$1,363,667
-22%
24
60%
$1,281,708
-6%
Miami
998
$1,992,797
765
-23%
$1,959,725
-2%
1719
125%
$2,226,409
14%
22
PROPERTIES PROPERTIES OF OF $1M $1M OR OR MORE MORE 2015
Δ 2007 vs 2016
2016
Sales
Δ vs ‘14
Average Price
Δ vs ‘14
Sales
Δ vs ‘15
Average Price
Δ vs ‘15
Sales
Average Price
192
19%
$6,597,682
25%
208
8%
$5,813,219
-12%
225%
17%
27
17%
$2,044,870
16%
21
-22%
$2,049,190
0%
163%
28%
103
30%
$3,680,194
-2%
115
12%
$3,864,784
5%
188%
52%
83
30%
$6,244,904
-6%
88
6%
$4,901,607
-22%
159%
38%
207
26%
$1,714,378
1%
226
9%
$1,825,461
6%
296%
2%
131
14%
$4,081,026
11%
179
37%
$4,309,483
6%
225%
-30%
189
4%
$3,422,205
-1%
225
19%
$3,486,980
2%
200%
12%
48
-17%
$2,714,510
-54%
75
56%
$5,544,530
104%
275%
172%
179
22%
$3,609,259
5%
222
24%
$3,436,998
-5%
258%
14%
50
72%
$1,408,031
5%
59
18%
$1,432,415
2%
293%
40%
60
15%
$4,155,201
3%
76
27%
$4,530,217
9%
280%
42%
27
93%
$2,161,815
31%
31
15%
$1,849,457
-14%
675%
20%
115
25%
$1,460,340
-11%
141
23%
$1,585,069
9%
303%
28%
126
2%
$1,475,810
5%
176
40%
$1,769,600
20%
175%
40%
130
14%
$1,957,962
7%
143
10%
$1,971,976
1%
211%
53%
24
0%
$2,194,417
10%
28
17%
$2,120,768
-3%
367%
24%
30
25%
$1,903,764
49%
33
10%
$1,524,848
-20%
725%
-13%
1647
-4%
$2,303,518
3%
1367
-17%
$2,289,184
-1%
65%
16%
23
Success built on superior market knowledge. And understanding our clients. Westside Estate Agency is defined by the values and the vision of its two founders, Stephen Shapiro and Kurt Rappaport. In 1998, Stephen Shapiro and Kurt Rappaport were two of the most well-known, highly compensated realtors in Los Angeles. Still, they felt there had to be a better way to meet the very high expectations and individual needs of their high-net worth clientele. It wasn’t long before the two began making plans for a different kind of brokerage. A real estate agency committed to putting client service first, and completely satisfying the needs and desires of each client. In the words of Stephen Shapiro, “Negotiations conducted with intelligence and integrity result in what we call the ‘triple win.’ Great results for the buyer, the seller, and WEA.” In 1999, Shapiro and Rappaport opened Westside Estate Agency with a focus on the most expensive and prestigious homes and estates in the prime Westside areas of Los Angeles. In 2007, WEA opened its Malibu office to service that world famous community. Today, WEA has a clientele without parallel, at the pinnacle of the
better service to clients. WEA continues to stay on the cutting-edge of innovation, keeping a pulse on and implementing new technologies as soon as they’re available. Stephen and Kurt have assembled a team of full-time real estate pros, known for expertise, experience, integrity and discretion. Each agent possesses an in-depth knowledge of the inventory and current market conditions; our clients turn to us for candid insights into current market value, the sales potential of properties and marketing strategies for our current and prospective clients. Of course, WEA has retained its independence, in the face of widespread acquisition by a handful of impersonal agencies. Remaining independent means we answer to our clients, instead of a corporate headquarters thousands of miles away. It means we don’t need to worry about a conglomerate’s bottom-line or using an in-house escrow or title company; rather, we’re free to focus on getting the best and doing the best for each client. In practical terms, this translates into efficiency
business, financial, technology and entertainment industries generating billions in sales and the highest average price per sale in the industry. The company added its Miami, Florida location in early 2015.
and responsiveness. Making the most of every minute by showing just the homes, in just the neighborhoods, that meet our clients’ criteria. Quite frequently, we’re even able to offer new properties not yet on the market.
Working hand-in-hand with their commitment to tailored service has been the agency’s industry leading application of technology. WEA has been at the forefront in the category for its technology use, from being the first to implement a fully integrated network computing system to the first to use scanning technology, cloud technology, e-signatures and paperless filing to provide
Finally, it means WEA’s agents have a direct conduit to the top. Unlike the non-owner operated, robo brokerages, our principals play a role in, and keep an eye on every WEA transaction. In sense, every WEA client is also a client of Stephen’s and Kurt’s. Which only make sense, as it’s with these two that the WEA story began.
24
Contact Us Beverly Hills Office
Malibu Office
Miami Office
Westside Estate Agency 210 North Canon Drive Beverly Hills, CA 90210
Westside Estate Agency 23410 Civic Center Way Malibu, CA 90265
Westside Estate Agency 2100 Ponce de Leon Blvd 7th Floor Coral Gables, FL 33134
Tel: (310) 247-7770 SalesBH@WEAhomes.com
Tel: (310) 456-1171 SalesMalibu@WEAhomes.com
Tel: (305) 447-1471 SalesMiami@WEAhomes.com
25